Recent project updates are listed below:

  • March 29, 2018: Execution of Debt Financing Term Sheet
  • March 27, 2018: UT Lands Easement Road Construction Completed
  • March 4, 2018: Pilot Thomas Logistics Diesel off-take agreement
  • February 20, 2018: Penta Petro Trucking Transport Agreement for trucking services
  • February 20, 2018: UT Lands Easement Road Construction commencement
  • February 15, 2018: Interstate Treating, Inc. to be the primary contractor for the engineering, procurement and construction of Pecos County Refinery
  • November 17, 2017: Groundbreaking Ceremony
  • October 26, 2017: Road development begins in preparation for the official groundbreaking ceremony on Nov. 17
  • September 9, 2017: Site visit with Environmental Firm for Phase 1 Site Assessment
  • August 30, 2017: Permit secured from Texas Commission on Environmental Quality to build 10,000 BPD Crude Distillation Unit
  • August 23, 2017: Site survey completed and easements marked for Pecos County Refinery Project
  • July 31, 2017: Filed Texas Commission on Environmental Quality Permit Application for 10,000 BPD Crude Distillation Unit
  • July 28, 2017: Closed on Phase 1 Land Acquisition - Pecos County Refinery Project
  • July 5-7, 2017: Meetings with Investment Banks in NYC
  • June 26, 2017: MMEX announces strategic relationship with VFuels, LLC on 10,000 BPD Crude Distillation Unit
  • June 13, 2017: MMEX announces $3M equity agreement with Crown Bridge Partners, LLC
  • June 13, 2017: MMEX announces plans to build a 10,000 BPD Crude Distillation Unit as Phase 1 of the Pecos County Refinery Project
  • May 17, 2017: MMEX and Fort Stockton Chamber of Commerce Ambassadors Ribbon Cutting Ceremony, Opening of MMEX Office in Fort Stockton, TX
  • May 4, 2017: Letter of Intent executed with Crude Supplier to supply 50,000 BPD to Pecos County Refinery Project
  • April 27, 2017: Technical Conference Meeting with Strategic Consultants, EPC Company and Environmental Firm
  • April 25-26, 2017: Site survey in Pecos County, TX
  • April 18, 2017: Meetings with Investment Banks in NYC
  • April 13, 2017: Environmental Firm retained to prepare and process necessary State/Federal Permits
  • March 25, 2017: Engineering, Procurement and Construction (EPC) Company retained
  • March 7, 2017: MMEX announces plans to build a 50,000 BPD crude oil refinery in Pecos County, Texas
  • February 27, 2017: Strategic Engineering Consultant and Industry Advisor retained
  • February 20, 2017: Purchase and Sale Agreement executed for land in Pecos County, TX
  • February 15, 2017: Public Relations Firm retained
  • February 14, 2017: Pre-permit meeting held with Texas Commission on Environmental Quality (TCEQ)
Jack Hanks discusses Pecos County Refinery with Congressman Hurd, March 28, 2018
University Lands Gate to Road Easement, March 27, 2018
University Lands Road Easement, March 27, 2018
Groundbreaking Ceremony, November 17, 2017
MMEX President & CEO Jack Hanks presents a Pecos County Refinery Project update at the Southwest Energy Summit
June 13, 2017
Pecos County Land Survey, Fort Stockton, Texas
April 25, 2017
MMEX Resources